Birkdale is in the TOP 30% in QLD when comparing median price capital growth over the last year. Birkdale gave property investors a good capital gain figure when compared to the rest of the state, with 17.91%.
A 27.10% growth in median value for property investors in Birkdale,4159 puts this suburb at number 417th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Birkdale should be aiming for at least -3.91% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 23.08 sales per month, which equates to 277 per year.
Birkdale, 4159’s gross rental yield is 3.88%
Property value increases in Birkdale have tracked higher than the QLD average of 8.71% over the last 12 months.
If we look at median property appreciation over just the last three months, Birkdale has given property investors a paper return of 3.11%. This puts Suburb as 142 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Birkdale 4159 should be seeing an average reduction in asking price of around -4.31% . This means that Birkdale is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 2.91%, investors should hope to achieve an overall return of 4.76%
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Buyers enjoy a central location
Median house price: $569,500
Three-year growth: 15.6%
Rental yield: 4.3%
Stretching from Tingalpa Creek to Wellington Point, the suburb of Birkdale is rich in amenities, with a location that offers access to shops and dining establishments.
After 7.5% growth in the 12 months to May 2018, the median house price hit $570,000. This maintains the five-year streak of steady increases in values.
Investors enjoy a consistent stream of tenants while reaping 4.3% yield on weekly rents of $470, as the rental market boasts an average vacancy rate of just 0.9%.
Birkdale offers a lifestyle that is removed from Brisbane’s busy city while keeping residents close to the water, to schools, shops and public transport. A major shopping hub is located near the housing development of Aquatic Paradise. Birkdale State School and Birkdale South State School have been established here as well. Trains to the city stop at Birkdale railway station.